Bitcoin Intraday Trading Plan


🔴 Short Position
· Entry: From resistance zone 76,600 – 76,800 (near EMA25 and visible highs). It is recommended to wait for a bearish reversal candle (such as a shooting star or bearish engulfing on the 15-minute chart).
· Stop Loss: Above 77,200 (above the recent high of 77,451, leaving a safety margin).
· Profit Targets:
· First target: 76,000
· Second target: 75,600 (near the previous low).
🟢 Long Position
Given the overall downtrend, caution is advised when buying:
· Entry: Break above 76,600 with a clear 15-minute close and high volume, or bounce from support at 75,800 – 76,000, provided a strong bullish candle appears.
· Stop Loss: Below the broken support level or under 75,400.
· Profit Targets:
· First target: 77,000
· Second target: 77,450 (today’s high).
Additional Recommendations:
· Currently, the market is in a signal crossover zone (stochastic overbought, and MACD has a positive crossover), so it’s best to wait for clear confirmation before entering.
· Trade size should be small due to high volatility.
· If the price breaks below 75,600 without bouncing, the buy trade is invalid, and you should switch to a sell on any retest of minor resistance. $BTC
BTC-2.79%
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